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    EverestIMS Technologies IPO

    Updated 23 Sept 2026, 1:50 pm.

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    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Individual investors (IND))

    ₹2,72,000

    2 lots · 3,200 shares at the upper price band

    Price band

    ₹80–85

    Latest GMP

    Not yet quoted

    Est. listing price

    Issue size

    ₹46.02 Cr

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    GMP history will appear after the scheduled sync records observations.

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    SME
    Price band
    ₹80–85
    Issue size
    ₹46.02 Cr
    Lot size
    1,600
    Opens
    29 Sept 2026
    Closes
    5 Oct 2026
    Allotment
    6 Oct 2026
    Listing
    8 Oct 2026
    Est. listing price
    Listing price
    Awaited
    Listing gain
    Awaited
    Registrar
    Maashitla Securities Pvt.Ltd.
    Minimum investment
    ₹2,72,000 (2 lots · 3,200 shares)
    Face value
    ₹10 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital cum OFS
    Offer for sale
    ₹9 Cr
    Listing at
    BSE SME
    Refunds
    7 Oct 2026
    Shares credited
    7 Oct 2026
    Promoter holding
    80.38% before · 58.98% after
    Lead managers
    Oneview Corporate Advisors Pvt.Ltd.

    Full issue details

    Details as published for this issue, read 23 Sept 2026, 9:05 am. Verify against the RHP before applying.

    IPO Details

    IPO Date29 Sep to 5 Oct, 2026
    Listing DateThu, Oct 8, 2026 T
    Face Value₹ 10 per share
    Price Band₹80 to ₹85
    Lot Size1,600 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size57,00,800 shares (agg. up to ₹ 48 Cr)
    Reserved for Market Maker2,86,400 shares (agg. up to ₹ 2 Cr) KG Stock Broking Pvt.Ltd.
    Fresh Issue (Ex Market Maker)43,07,200 shares (agg. up to ₹ 37 Cr)
    Offer for Sale11,07,200 shares of ₹ 10 (agg. up to ₹ 9 Cr)
    Net Offered to Public54,14,400 shares (agg. up to ₹ 46 Cr)
    Share Holding Pre Issue1,70,44,578 shares
    Share Holding Post Issue2,16,38,178 shares

    IPO Timetable (Tentative)

    IPO Open
    Tue, Sep 29, 2026
    IPO Close
    Mon, Oct 5, 2026
    Allotment
    Tue, Oct 6, 2026
    Refund
    Wed, Oct 7, 2026
    Credit of Shares
    Wed, Oct 7, 2026
    Listing
    Thu, Oct 8, 2026

    Issue Reservation

    • QIB47.38%
    • NII (HNI)14.31%
    • Retail33.29%
    • Market Maker5.02%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Net Issue% of Total Issue
    QIB27,00,80049.88%47.38%
    - Anchor Investor16,12,80028.29%
    - QIB (Ex. Anchor)10,88,00019.09%
    NII (HNI)8,16,00015.07%14.31%
    - bNII > ₹10L5,44,0009.54%
    - sNII < ₹10L2,72,0004.77%
    Retail18,97,60035.05%33.29%
    Firm Reservations
    Market Maker2,86,4005.02%
    Total57,00,800100.00%100.00%

    EverestIMS Technologies IPO comprises a total issue size of 57,00,800 shares. The net offer to the public is 54,14,400 shares, after excluding 2,86,400 shares allotted on a firm basis. Of the Net offer 27,00,800 (49.88%) are allocated to QIB , 8,16,000 (15.07%) allocated to NII 18,97,600 (35.05%) allocated to RII .

    IPO Lot Size

    Individual investors (IND) (Min)₹2,72,000
    Individual investors (IND) (Max)₹2,72,000
    S-HNI (Min)₹4,08,000
    S-HNI (Max)₹9,52,000
    B-HNI (Min)₹10,88,000
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)23200₹2,72,000
    Individual investors (IND) (Max)23200₹2,72,000
    S-HNI (Min)34800₹4,08,000
    S-HNI (Max)711200₹9,52,000
    B-HNI (Min)812800₹10,88,000

    Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.

    IPO Subscription Details

    About EverestIMS Technologies Ltd.

    Incorporated in April 2017, EverestIMS Technologies Limited is a software enterprise that offers both Software as a Service (SaaS) solutions and on-premise products and services. The company specializes in digital transformation, IT operations, and AI-driven product solutions to streamline IT processes, improve efficiency, and enhance user experiences. The company offers solutions for remote monitoring of critical network devices, servers, and applications, reducing downtime and improving IT operations with its platform ' Infraon Infinity '.

    Products and Services

    Information Technology Service Management (ITSM)

    IT Infrastructure Management (ITIM)

    Network Configuration and Change Management (NCCM)

    AI For IT Operations (AIOPS)

    IT Asset Management (ITAM)

    Operation Support System (OSS)

    The company engage in direct sales through both the Company and their subsidiary, Infraon Corp, located in the USA. In addition, they engage with domestic & international channel partners, distributors and sales agents who identify potential customers, work jointly with them to qualify and close deals.

    The company generates revenue mainly from: (i) software product sales and (ii) service sales.

    As of March 31, 2026, the company employed 230 people.

    Competitive Strength

    Experienced core team supported by experienced and senior management team.

    The "Infraon Infinity" platform offers AI-driven modules for On-Premises and SaaS customers.

    Cordial relationship with the channel partners.

    Diversified Platform Development and Market Expansion.

    Company Financials (Restated Consolidated)

    Total Income

    31 Mar 202445.62
    31 Mar 202557.78
    31 Mar 202665.91

    Profit After Tax

    31 Mar 202410.83
    31 Mar 202514.08
    31 Mar 202613.14

    EBITDA

    31 Mar 202417.44
    31 Mar 202522.64
    31 Mar 202623.34

    NET Worth

    31 Mar 202432.22
    31 Mar 202547.41
    31 Mar 202660.59
    Company Financials (Restated Consolidated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets90.2767.8250.47
    Total Income65.9157.7845.62
    Profit After Tax13.1414.0810.83
    EBITDA23.3422.6417.44
    NET Worth60.5947.4132.22
    Reserves and Surplus43.5430.3730.39
    Amount in ₹ Crore

    EverestIMS Technologies Ltd.'s revenue increased by 14% and profit after tax (PAT) dropped by 7% between the financial year ending with March 31, 2026 and March 31, 2025.

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    IPO Objects of the Issue

    Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory5.66
    Working Capital Requirement24.00
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory5.66
    2Working Capital Requirement24.00
    3General Corporate Purposes
    Total29.66

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2024
    ROE40.30%
    ROCE40.71%
    RoNW33.53%
    PAT Margin23.66%
    NAV19.52
    Price to Book Value4.35

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)7.716.07
    P/E (x)11.0214
    Market Cap at Offer Price₹144.88 Cr.₹183.92 Cr

    Disclaimer

    The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

    The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.

    The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group80.38%
    • Public19.62%

    Post IPO

    • Promoter and Promoter Group58.98%
    • Public41.02%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group80.38%58.98%
    Public19.62%41.02%
    Total100%100%

    Company Promoters: Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar and Deepak Gupta.

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    Offer For Sale - Selling Shareholders

    NameCategoryNo. of Shares OfferedAmount (₹ cr.)
    Satish Kumar VijayaragavanPromoter1,10,4000.94
    Srikanth AudinaPromoter1,10,4000.94
    Sudhakar AruchamyPromoter1,10,4000.94
    Ramesh Pratap TiwariPromoter1,10,4000.94
    N.Ganesh KumarPromoter1,10,4000.94
    Deepak Kumar ShenbagarajanPromoter1,31,2001.12
    Deepak GuptaPromoter1,10,4000.94
    Arun Prasath RamadossPromoter1,43,2001.22
    Prakash BhatOther33,6000.29
    Abhirup SarkarOther43,2000.37
    Praveen Kumar SinhaOther38,4000.33
    Ramya SellamuthuOther24,0000.20
    Samaresh MandalOther31,2000.27
    Total11,07,2009.41

    EverestIMS Technologies IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    IPO Notices

    Please find Addendum to DRHP here

    IPO Registrar

    Maashitla Securities Pvt.Ltd.

    011-45121795

    ipo@maashitla.com

    IPO Lead Manager(s)

    Oneview Corporate Advisors Pvt.Ltd.

    Contact Details

    EverestIMS Technologies Ltd. Address

    No.759, Sree Gururaya Mansion

    South Wing 8th Main,

    J.P.Nagar, III Phase

    Bengaluru, Karnataka , 560078

    080 - 46567100

    cs@everestims.com

    EverestIMS Technologies IPO in the news

    Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.

    No coverage found yet.

    FAQ

    EverestIMS Technologies: common questions

    Answered from this issue's own record.

    The EverestIMS Technologies SME IPO is priced at ₹80 to ₹85 per share, for an issue size of ₹46.02 crore.

    The issue opens on 29 Sept 2026 and closes on 5 Oct 2026, with listing expected on 8 Oct 2026.

    One lot is 1600 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,36,000 for one lot.